ScottMescudiForex

EURUSD : SECOND ROUNDS ON ME?

Long
ScottMescudiForex Updated   
FX:EURUSD   Euro / U.S. Dollar
Hi traders,

The EURUSD took a dip when it went over 1.20. The thing is... it broke through so this means we will see that price again very soon. EURUSD is still within it's uptrend channel. DXY topped @ 92.00 during a nice bull run yesterday but has now retrace (may have been a top)

I looked in a lower timeframe (4H) and it looks like we may have reached the end of this retracement down. Nothing is really sure at this level but it does look good. RR is always important and this looks like a nice one.

EURUSD LONG :
ENTRY : 1.19596
TP : 1.22700
SL : 1.18939

Trade safe!
Trade closed: stop reached:
Unfortunately, price has wicked under our SL before going back up into profit!
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